Concorde Career College Financial Aid and Scholarships
Students Receiving Aid
68%
Total Aid Amount
$7.428M
Financial Aid Official Website
https://www.concorde.edu/campus/memphis-tennessee
Students can avail of scholarships provided by the college, such as Boettcher Foundation Scholarship and Colorado Ski Authority Annual Scholarship, if they find educational expenses to be on the higher side. As many as 90% of the students at CCCM get some sort of financial aid, and the total amount of assistance/loans provided is more than $10,648,368 in a year. At CCCM, the total percentage of applicants who receive the Federal Grant stands at 72%. Meanwhile, 76% of the applicants receive the Student Grant and 10% are awarded the Institution Grant, while 72% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,084, while the same comes to $2,027 for State Grant receivers and $1,577 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $3,964. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. Every year, around 83% of the applicants to Concorde Career College-Memphis opt for student loans.